The City of Reno and the Reno Redevelopment Agency are striving to help local businesses experiencing challenges during the economic downturn. One way they are doing this is by helping small business owners secure financing. 

Last Wednesday, the City Council approved a contract with Nevada Microenterprise Initiative (NMI), a private non-profit agency, to administer the Greater Reno Opportunities for Business (GROBusiness) Program. It is funded entirely by the City’s Community Development Block Grants from the U.S. Department of Housing and Urban Development.

The GROBusiness Program is offered to qualifying new or expanding businesses in the City of Reno. Additional services through NMI include counseling and guidance to assist with maintaining a viable business, technical assistance, ongoing training, networking, and oversight. For more information about the GROBusiness Program contact the Nevada Microenterprise Initiative at 775-324-1812.

 To learn more about programs and services available visit www.reno.gov, click on Newsroom, then Current Issues, and Recovery & Reinvestment or www.reno.gov/Index.aspx?page=2037.

Other cities have streetcars and light rail systems…is the City of Reno poised to have them too?   Work continues to make it happen!

The new head of the Washoe County Regional Transportation Commission told members of the Reno City Council a number of significant transportation projects are continuing to move forward including efforts to build a mass transit system along Virginia Street that could include street cars and eventually a light rail system. 

RTC Executive Director Lee Gibson said work continues with the area’s congressional delegation in Washington D.C. to secure as much federal funding as possible for the project.

 The Reno City Council has already approved a four phase concept to implement the plan as well as seven steps to move the project forward. 

The first phase of the project is underway with the introduction of Bus Rapid Transit in the downtown core.  The new RAPID buses began service in October of this year and Lee notes so far, the new buses have increased ridership by 10 % from downtown to the Meadowood Mall from a year ago.      

To learn more about this project go to the newsroom on the City’s website at www.cityofreno.com

The Reno City Council will meet again on January 8, 2010 at 1:30 PM in the Reno City Council chambers to discuss ways to shore up a projected shortfall of $3.6 million in the current Fiscal Year 2009-2010 budget. Another budget session is set for January 27, 2009 to deal with an anticipated bigger shortfall of $16 million in the following fiscal year, Fiscal Year 2010-2011.

In the first of what will be a series of budget workshops over the next several months, City Manager Donna Dreska and Finance Director Mary Ann Parrot told members of the Council today the projected shortfalls are the result of continued declines in revenues and that the City needs to implement long-term solutions to balance the budget in subsequent years. Read the rest of this entry »